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Indonesia’s Indosat Invests $140 M to Develop 4G Network

JAKARTA (TheInsiderStories) - Indonesian telecommunication provider, PT Indosat Ooredoo Tbk (IDX: ISAT) prepared funds Rp2 trillion (US$139.86 million) to develop 4G network in the...

Indonesia’s Indosat Issues Bonds US$238M to Pay Off Banks Debts

JAKARTA (TheInsiderStories) - Indonesian telecommunication company, PT Indosat Ooredo Tbk (IDX: ISAT), issued local bond and SUKUK Ijarah with total value of Rp3.38 trillion...

Insight: Indonesia’s Telco Industry Needs Consolidation

JAKARTA (TheInsiderStories) – The financial performance of Indonesian telecommunications (telco) operator continues to degenerated lately amid the tight competition among the players. The contribution...

Indonesia’s Indosat Admits Not Violating Rules on CEO Appointment

JAKARTA (TheInsiderStories) — A telecommunication company PT Indosat Ooredoo Tbk (IDX: ISAT) said does not break any rules on the new CEO’ appointment after TheInsiderStories reported...

Al Neama and Indosat Oeredoo‘s Business Prospects in Coming Years

JAKARTA (TheInsiderStories) – Ahmad Abdulaziz Al Neama has officially appointed to lead PT Indosat Ooredoo Tbk (IDX:ISAT), an Indonesian cellular operator, followed the resignation of...

Morning Briefing: Indonesia’s PMI Jumped to 51.2% in March

JAKARTA (TheInsiderStories) - Good Morning! Indonesian manufacturing Purchasing Managers Index (PMI) at level 51.2 in March. This number jumped from the previous month which was at...

Moody’s Revises Indosat Ooredoo’s Outlook to Negative

JAKARTA (TheInsiderStories) -  Moody's Investors Service ("Moody's") has revised the outlook on P.T. Indosat Tbk' (lndosat Ooredoo) ratings to negative from stable. At the same...

Need Funds for Expansion, Indonesia’s Indosat Sell Bonds US$142M

JAKARTA (TheInsiderStories) - PT Indosat Ooredoo Tbk (IDX:ISAT) offers conventional bond and SUKUK with the total worth of Rp2 trillion (US$141.84 million), said the...

Indonesia’s XL Axiata, Indosat Releases Bond in January

JAKARTA (TheInsiderStories) - Two Indonesian cellular operators has planned to released local currency bond with total amount Rp2.5 trillion ( US$177.30 million). PT XL Axiata Tbk...

Indonesia’s Indosat Prepares Capex US$2B in 2019

JAKARTA (TheInsiderStories) - PT Indosat Ooredoo Tbk (IDX: ISAT), Indonesian cellular operator prepared capital expenditure around US$2 billion in 2019, said the newly chief...